Board centrality and environmental disclosures: Evidence from the polluting Industries in China

Samir SAADI, Wenqin Li, Ramzi Benkraiem, Rong Ding, Z. Zhang

We examine the association between board centrality and corporate environmental disclosure using hand-collected data from Chinese-listed firms in heavily polluting industries. We find that board centrality has a positive effect on corporate environmental disclosure. We also show that this positive effect emanates from the critical role of the board in monitoring and resource distribution, and its incentive to promote information transparency. Our results, which are robust to a set of robustness checks, have important implications for both regulators and investors.

Publication type: 
Scientific Article
Date de parution: 
Emerging Markets Review